ECB issues banking licence to snappi, Greek digital bank
ATHENS, June 28 (Reuters) -The European Central Bank has issued a universal banking licence to snappi, a Greek digital bank and joint venture of Piraeus Financial Holdings and fintech firm Natech, snappi said on Friday.
With the full banking licence, snappi can offer a comprehensive range of banking activities, including accepting deposits and offering loans, it said in a statement.
Piraeus Financial Holdings is the parent company of Greece's Pireaus Bank BOPr.AT.
"This is a significant step in the bank's development and marks a new era in snappi’s journey to become part of the new banking landscape in Europe, starting from Ioannina, Greece," said Christos Megalou, Chairman of snappi’s Board of Directors and CEO of Piraeus Bank.
"As a fully licensed institution, our goal is to serve our clients and society by offering innovative digital products."
Writing by Michele Kambas
Editing by Tomasz Janowski
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